Versace Suitors Poised for Final Offers

Blackstone, Permira and Qatar Holding Are Among Shortlist of Bidders

MILAN—Italian fashion house Versace could receive a final offer for the minority stake it is selling by the end of November, with a clutch of funds that meet the Versace family's requirements jostling for position, a person familiar with the situation said Monday.

Blackstone Group LP, U.K.-based Permira Advisers Holdings Ltd., Italian private-equity fund Clessidra, French buyout firm Ardian—which until last month was part of AXA...